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where counterfeits come from

Where does counterfeit money come from

The creation of counterfeit money is both illegal and unethical. Counterfeit money is a dark business associated with criminal organizations. Indeed the Peruvian mafias own the fame for counterfeit money creation. The money is printed in rural areas in Peru with the association of criminal organizations. Unquestionably, a considerable portion of fake US bills come …

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can counterfeit money be traced

How to tell the difference between counterfeit money and real money

Differentiating between counterfeit money and real money The fake cash looks legitimate when compared to real money. Therefore it’s tricky and troublesome to clarify the difference. There are several methods and technologies used to track counterfeit money. The following techniques assure to prove the originality to a greater extent. Let’s dive in and discuss them …

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money laundry

Counterfeit and money laundry

What’s money laundering? Money laundering is the process of hiding the origin of illegal money and converting them to make it legitimate. Money from Illegal businesses like drugs, weapons, and counterfeit money is converted to look legitimate through money laundering. Indeed the money launderings come with three stages, such as placement, layering, and integration. Insertion …

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can counterfeit money be used in slot machines

Can counterfeit money be used in slot machines?

Indeed using counterfeit money for transactions is strictly prohibited. Certainly, current-day machines are powered with money detecting facilities to ensure the authenticity of money. Furthermore, CDM, vending machines, and slot machines are equipped to sort out fake bills. In slot machines, even an average detector can identify counterfeit notes from real ones. Magnetic ink, stored …

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